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$189,900 total
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Asset Class
Specialty
Size
—
Building class
C
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
89%
Year Built
1960
Conception Harbour investment opportunity! This property is directly behind the Post Office off the main highway. The community sits between Avondale and Colliers and is minutes away from Historic Brigus and Cupids, and about 40 minutes from St. John's. The package consists of a larger main house with main floor living room, dining room, kitchen and large back porch. The second floor has two bedrooms and a bathroom. The cottage has two bedrooms, bathroom, and open concept living room, dining room & kitchen area. The cottage has a second level waiting to be developed. The big clincher is the incredible barn measuring 18X 40 with an approximate 16 foot ceiling. An oversized piece of land would be great for another property or extra privacy! The possibilities for this incredible property includes AirBnB, private dwelling, cottage rental and commercial storage just to name a few. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$877
Projected NOI
$11K
Annual cash flow
$571
Cash-on-cash
1.00%
DSCR
1.05
Going-in cap
5.84%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
79,740
Households
32,654
Median income
$132,000
Median age
36
Daytime population
101,065
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5-7 Marsh Road, Conception Harbour.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.